“We are on the cusp of a game changer for the e-commerce industry, and Dundee Venture Capital is the right partner to help us,” says Cympel founder Jesse Hultgren, who indicates more funding is possible, contingent upon certain milestones.

Dundee VC founder Mark Hasebroock was an entrepreneur with GiftCertificates.com and Hayneedle before becoming an investor. “We look for startups that bring a balance of big ideas and get-it-done gumption. That said the investment in Cympel was, to be frank, simple.”

“Dundee is well-known for joining founder’s with a clear vision early and making investments of $50k to $500k,” he added.